2021 KPW to MAD Historical Review

YEARLY HIGH

0.0104 MAD

YEARLY LOW

0.0098 MAD

YEARLY AVERAGE

0.0100 MAD

2021 KPW to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KPW to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0104. Conversely, the yearly low was recorded on May 25, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0006 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0099 to the December average rate of 0.0103, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0104 was down 9.47% compared to the 2020 peak of 0.0114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KPW based on timing:

Yearly Peak High 52 MAD

2020 Average 53 MAD

Yearly Trough Low 49 MAD

Transaction Impact: A difference of 2.95 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0103

0.0098

JanuMarcMayJulySeptNove

KPW to MAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0099, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0099

H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0002 MAD (High: 0.0103 / Low: 0.0101). On the other end, October was the most stable month, with a tight range of 0.0001 MAD (High: 0.0101 / Low: 0.0100).

November Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0103) against the same month in 2020 (average: 0.0100), the exchange rate shifted by +0.0003 (+3.04%).

2021 Avg (December) 0.0103

2020 Avg (December) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0100	0.0098	0.0099
February	0.0100	0.0099	0.0099
March	0.0101	0.0099	0.0100
April	0.0101	0.0099	0.0100
May	0.0100	0.0098	0.0098
June	0.0099	0.0098	0.0099
July	0.0100	0.0099	0.0099
August	0.0100	0.0099	0.0100
September	0.0101	0.0099	0.0100
October	0.0101	0.0100	0.0101
November	0.0103	0.0101	0.0102
December	0.0104	0.0102	0.0103